Engineering - FICC Commodities Strats - Associate/VP - NYC

MORE ABOUT THIS JOB

What We Do

The Goldman Sachs Commodities business facilitates risk transfer and physical logistics for our clients: corporations that produce and consume commodities, investors, and governments throughout the world. We work with tangible assets: crude oil and products, precious and base metals, natural gas and power, agricultural products.

Your Impact

Do you enjoy:

Coding up thoughtful, well-designed infrastructure

Tinkering with models, seeing response and failure

Tracking problems with practical approximations in short timescales

The Strats approach attacks real-time problems via rigorous technology, quantitative modeling, and data science. The role is commercial and innovative – taking solutions to drive PNL, risk taking, and risk management. We have the future to build and need inquisitive, dynamic minds.

Success for our clients is achieving their desired risk profile so they can focus on their operational strengths. Success for Goldman Sachs is faster and more accurate pricing for clients, on a wider variety of their asks – their platform of choice.

RESPONSIBILITIES AND QUALIFICATIONS

Responsibilities

The Goldman Sachs Commodities Strats role is a unique opportunity to press these daily:

You will develop optimization algorithms for shipping and warehousing logistics – Amazon Prime at the wholesale level

You will model the physical networks like the topology of the power grid – Kirchoff’s laws over thousands of miles

You will tailor models like a weather-natural gas correlation option – financial engineering and customization at scale

You will evolve our risk-management from a risk-neutral framework to include liquidity and client trends

You will ship our pricing and risk-management to clients through cutting-edge microservices and reactive apps

Who We Look For

Goldman Sachs Engineers are innovators and problem-solvers, building solutions in risk management, big data, mobile and more. We look for creative collaborators who evolve, adapt to change and thrive in a fast-paced global environment.

Basic Qualifications

Ability to design robust and scalable software

Mathematical knowledge – calculus, probability, statistics

Structured approach to open-ended problem-solving

Commercial focus: desire to drive PNL and risk

Strong communication to convey technical topics to a diverse audience

Team-orientation, self-motivation in a fast-paced environment

Who We Are

At Goldman Sachs, our Engineers don’t just make things – we make things possible. Change the world by connecting people and capital with ideas. Solve the most challenging and pressing engineering problems for our clients. Join our engineering teams that build massively scalable software and systems, architect low latency infrastructure solutions, proactively guard against cyber threats, and leverage machine learning alongside financial engineering to continuously turn data into action. Create new businesses, transform finance, and explore a world of opportunity at the speed of markets.

Engineering, which is comprised of our Technology Division and global Strategists groups, is at the critical center of our business, and our dynamic environment requires innovative strategic thinking and immediate, real solutions. Want to push the limit of digital possibilities? Start here.

ABOUT GOLDMAN SACHS

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.